3 Smart Time Management Tips Every Business Leader Needs to Know

Have you ever felt like there aren’t enough hours in the day to get everything done? Time is a valuable resource and a nonrenewable one at that. So, how can you make the most of your workday and avoid wasting valuable time? Here are some smart time management tips that every business leader should know about:

Put the difficult tasks at the top of your to-do list

Instead of putting off difficult tasks until later in the day, try to accomplish them right away. Most people are more productive earlier in the day, within the first hours after waking up. Try tackling the most demanding tasks on your to-do list first, when you have more brainpower, and save the easier tasks for the end of the day.

Block off time to focus

Contrary to popular belief, multitasking is actually counterproductive. According to Forbes, multitasking can reduce productivity by as much as 40%. To get more done in the day, try to avoid multitasking in favor of single-tasking. Block off a portion of your day to focus on one task at a time, without interruption. Don’t shift from task to task to check your email or cell phone. You may find that you accomplish more in an hour of single-tasking that you would if you tried to do multiple tasks at once.

Don’t be afraid to delegate

Delegation is an important part of effective time management, but many people struggle with the idea of handing off tasks to others. However, smart business leaders delegate as much as possible. If you don’t have employees to delegate to, outsourcing is a great way to take routine, time-consuming activities off your plate. For example, consider outsourcing tasks such as assembly and kitting to a third-party provider. Outsourcing can help free up your valuable time to focus on more critical core business activities. Don’t be afraid to turn to the specialized experts for additional support.

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